Bulgargaz Seeks 0.15% Cut in Gas Prices in Q3

Bulgargaz Seeks 0.15% Cut in Gas Prices in Q3

Bulgaria's gas monopoly Bulgargaz is seeking a 0.15% cut in the price that local consumers will pay for natural gas in the third quarter of the year.
The company proposes a price of 630 levs ($427/322 euro) per 1,000 cubic metres for the third quarter, value added tax excluded, it said in a statement published on its website.
The price adjustment, made on a quarterly basis, must be approved by the Bulgarian energy regulator to take effect.

Bulgaria imports almost all the natural gas it needs from Russia through a pipeline crossing the territories of Ukraine, Moldova and Romania. 

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